FROM THE OFFICE OF PUBLIC AFFAIRS

The Air Transportation Stabilization Board (ATSB) today announced the resignation of Daniel G. Montgomery as Executive Director, effective August 22, 2003.  Mr. Montgomery, named Executive Director in April 2002, has accepted a position with Kroll Zolfo Cooper LLC, the financial consulting subsidiary of Kroll Inc. 

ATSB Chairman Edward M. Gramlich said, “I want to express the Board’s gratitude to Dan Montgomery for his service to the ATSB.  Dan has extensive knowledge of capital markets and has used it well, working tirelessly during a period critical to the nation’s airline industry.” 

Until a new Executive Director is named, Treasury Assistant Secretary for Financial Markets Brian C. Roseboro will serve as Acting Executive Director of the ATSB.

Additional information on the ATSB is available on its web site, www.treas.gov/atsb.

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